ETF Sector Spotlight For 06/30/2022

ETF Sector Spotlight For 06/30/2022

Market Recap For June 30th, 2022 Thursday’s trading started off lower, but the major indices battled their way back, with the S&P briefly touching green. However, stocks rolled back over again, finishing in the red. The close was indecisive, but the S&P’s...
ETF Sector Spotlight For 06/29/2022

ETF Sector Spotlight For 06/29/2022

Market Recap For June 29th, 2022 Going into Wednesday’s trading, markets had already approached key supports, and those supports ended up holding. As long as that remains the case, higher prices should be expected. However, a break of levels such as the S&P’s...
ETF Sector Spotlight For 06/28/2022

ETF Sector Spotlight For 06/28/2022

Market Recap For June 28th, 2022 For a market that appeared to be in rally mode, yesterday’s continuation from Monday was a relatively significant decline. It can never be ruled out that the market is headed back to the lows, but there are key supports just below...
ETF Sector Spotlight For 06/27/2022

ETF Sector Spotlight For 06/27/2022

Market Recap For June 27th, 2022 As stated in yesterday’s spotlight, pullbacks were to be expected. Monday got the week started with one of those foreseen pullbacks. Unless that was the end of the rally, which is always possible, higher market prices should be coming...
ETF Sector Spotlight For 06/24/2022

ETF Sector Spotlight For 06/24/2022

Market Recap For June 24th, 2022 Friday’s Spotlight called for higher prices to come, and the last day of the trading week clearly did not disappoint. The rally to end the week is obviously still intact, so higher prices should follow this week. Pullbacks should be...
Rent-A-Center (RCII) Breaks Down

Rent-A-Center (RCII) Breaks Down

Rent-A-Center, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements. It operates through the following segments: Rent-A-Center Business, Preferred Lease, Mexico, and Franchising. ...
ETF Sector Spotlight For 06/23/2022

ETF Sector Spotlight For 06/23/2022

Market Recap For June 23rd, 2022 After three trading days, markets haven’t really made much progress in either direction. However, yesterday’s close was a bullish one. The Nasdaq and S&P close right at resistances, while the Russell actually managed to break...
ETF Sector Spotlight For 06/22/2022

ETF Sector Spotlight For 06/22/2022

Market Recap For June 22nd, 2022 Tuesday’s close was a higher one, but with a less than thrilling close, which bled into Wednesday’s start of trading. Markets moved into the green but failed to hold on. Overall, yesterday was not terribly bullish. Combine that with...
ETF Sector Spotlight For 06/21/2022

ETF Sector Spotlight For 06/21/2022

Market Recap For June 21st, 2022 Last week’s sign of weaking momentum, combined with the constructive close, set the stage for Tuesday’s rally. Like Friday, the yesterday finished in the green, but it wasn’t the most bullish close. Traders should be ready for anything...
ETF Sector Spotlight For 06/17/2022

ETF Sector Spotlight For 06/17/2022

Market Recap For June 17th, 2022 Thursday’s final hour of trading had been a constructive one, as stated in Friday’s Spotlight. Sure enough, the major indices found themselves some green. So, now what? Tough to say, because the path of least resistance is clearly...